KSC New Town, also known as Third Mumbai, is a large-scale urban development project in Maharashtra, India, encompassing 323.44 sq. km, focusing on sustainable and well-connected infrastructure. It's designed to be a third urban node complementing Mumbai and Navi Mumbai, with a vision to create a vibrant economic hub.
Key details:
Location: Raigad district, influenced by the Mumbai Trans Harbour Link (MTHL) and the Navi Mumbai Airport Influence Notified Area (NAINA).
Size: 323.44 sq. km.
Focus: Smart city elements, specialized economic zones, and modern housing.
Development Authority: Mumbai Metropolitan Development Authority (MMRDA) is the New Town Development Authority (NTDA).
Vision: To boost the Mumbai Metropolitan Region's (MMR) GDP, create jobs, and stimulate economic growth.
Key Features: Industrial, Transport Hub, Logistic Park, IT & ITeS, Data Centers, Fintech Industry, and affordable housing.
Recent Developments: MMRDA has signed MoUs with global and domestic companies for investments totaling $40 billion for MMR, including KSC New Town.
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